June 2020, Vol. 247, No. 6

Features

Post-Kingfisher Guidelines for Gathering, Transportation Agreements

By Harve Truskett and Parker Lee, Attorneys, Hunton Andrews Kurth   A recent ruling in Alta Mesa Holdings, LP v. Kingfisher Midstream, LLC, (In re Alta Mesa Res., Inc.), 613 B.R. 90 (Bankr. S.D. Tex. 2019) (“Kingfisher”) provides midstream companies with a set of guidelines for evaluating their agreements. The COVID-19 pandemic has dramatically reduced the demand for crude oil and a mid-April deal between Russia, Saudi Arabia, and other OPEC producers to cut production has done little to alleviate the resulting downward pressure on crude oil prices. Upstream exploration and production companies, particularly those carrying a lot of debt, are especially vulnerable to this downturn in price

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.

 

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}